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Crypto firms get guidance on how the new regime applies

🪙 The UK Just Dropped New Crypto Rules

Published by OOPSONLINE.IN · Source: Financial Conduct Authority · 1 min read · · Updated

🤯 OOPS SAYS

Nothing says "the decentralized future of finance" quite like having to download a government PDF to see if you're actually allowed to operate.

What actually happened

New guidance from the Financial Conduct Authority (FCA) will help firms understand how the law underpinning the UK's future cryptoasset regime applies to their business. It also sets out which activities may require FCA authorisation.

Key points

  • New guidance from the Financial Conduct Authority (FCA) will help firms understand how the law underpinning the UK's future cryptoasset regime applies to their business.
  • It also sets out which activities may require FCA authorisation.

Summary based on data provided by Financial Conduct Authority. Full article available at the original publisher.

  • #business
  • #crypto
  • #firms
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